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Month: October 2024

Posted on 16/10/2024

Google to pilot new Android anti-scam features in Singapore

SINGAPORE: Two new Android anti-scam features designed to combat mobile scams will be piloted in Singapore, Google announced on Wednesday (Oct 16). Users will be able to block messages from unknown ...

Posted on 16/10/2024

Singapore leaves major Games medal incentives to private sector while government focuses on ‘broader’ sporting base: Edwin Tong

SINGAPORE: The government leaves the cash incentives for major Games medals to the private sector, as it wants to focus on funding and supporting a “broader base” such as athlete development, said Minister for Culture, Community and Youth Edwin Tong ...

Posted on 16/10/2024

Jail for man whose bank accounts received scam proceeds after sharing details with online women

Christopher Moh, 66, continued to share his bank account details despite receiving two warnings from the authorities. Read more at straitstimes.com.

Posted on 16/10/2024

Hoax bomb threats to Indian airlines force emergency landing in Canada and fighter jets to scramble in Singapore

Twin bomb threats hit Indian airliners on opposite sides of the globe on Tuesday, forcing an emergency landing in the Arctic and fighter jets to scramble in Asia – the latest in a series of similar ...

Posted on 16/10/2024

Cycle & Carriage, Gogoro launch battery-swop electric scooters and stations in Singapore

CYCLE & Carriage Singapore (C&C) and Gogoro have officially launched battery-swop electric scooters and charging stations in Singapore on Wednesday (Oct 16). Three electric scooter models were unveiled at the new Gogoro showroom located within the C&C ...

Posted on 16/10/2024

Singapore emerges as world’s 2nd most expensive data centre market

Singapore emerged as the second most expensive market to build a data centre in the world in 2024, costing firms $18.09 (US$13.80) per watt (W).

Posted on 16/10/2024

Lower Open Called For Singapore Stock Market

The Singapore stock market turned lower again on Tuesday, one day after ending the two-day slide in which it had slumped almost 25 ...

Posted on 16/10/2024

Food Innovators makes Catalist debut at S$0.20, 9.1% below IPO price

JAPANESE food and beverage operator Food Innovators Holdings (FIH) commenced trading under the code “KYB” on the Catalist board on Wednesday (Oct 16). Read more at The Business Times.

Posted on 16/10/2024

Singapore hits brakes on $1.7 billion Allianz deal for onetime insurance cooperative after it sparks public outcry

On Monday, Singapore’s government decided to block the deal until Allianz addressed some of its concerns, including whether Income Insurance will be able to continue its social mission.

Posted on 16/10/2024

OCBC SME Index at 50.8% in 3Q2024, extending gains for the second quarter in a row

The OCBC SME Index uses SME transactional data of over 100,000 OCBC SME customers in Singapore with annual sales turnover of up to $30 million.

Posted on 16/10/2024

Limited-edition bank card designs and merchandise are coming: OCBC and Disney announce 5-year collaboration

Apart from the upcoming Disney Adventure cruise, fans have something new to look forward to. OCBC and Disney have announced a five-year strategic collaboration across three of the bank's five core ...

Posted on 16/10/2024

Couple behind livestreaming retailer fined over $800k for evading GST

A Singaporean couple running a livestreaming business selling branded goods from overseas underdeclared product values, evading over $90,000 in Goods and Services Tax (GST) and $4,000 in freight ...

Posted on 16/10/2024

Couple behind Vanity Closet fined $849,000 for evading GST

Wang Siew Ching, 34, and her husband Rayson Loo Sian Hao, 33, on Oct 15 Oct were convicted and fined for evading Goods and Services Tax (GST) on imported goods. Wang is the director of Vanity Closet ...

Posted on 16/10/2024

S’pore shares dip, with Jardine Matheson leading losses, ahead of earnings

Losers outnumber gainers 350 to 235, with 1.7 billion securities worth $1.3 billion changing hands. Read more at straitstimes.com.

Posted on 16/10/2024

Prosecution seeks up to 66 months’ jail for man linked to loan ruse that cheated 2 banks of $1.2m

On Oct 15, Deputy Public Prosecutor Cheah Wenjie urged the court to sentence Lee to up to five years and six months’ jail, stressing that the offender had made no restitution. DPP Cheah also told ...

Posted on 16/10/2024

Vedanta Resources Signs Facility Agreement Worth $125 Million

Standard Chartered Bank Singapore Ltd. is the arranger, agent, and lender for the agreement, which aims to support Vedanta Resources' funding requirements.

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